Dollar Tree jumps; Target drops; TJX flat

AndriaCheng

NEW YORK (MarketWatch) -- Discounter Target Corp.
TGT, -0.34%
shares fell 2.5% after the company's first-quarter and full-year profit outlooks came short of Wall Street expectations. T.J. Maxx parent TJX Cos. shares were flat. The company
TJX, -1.87%
plans to increase its buyback and raise its dividend, but its outlook also fell short of consensus estimates. Dollar Tree Inc.
DLTR, -0.13%
shares jumped 10%. While its guidance was also not as good as expected, investors reacted to its fourth-quarter profit upside. Its larger rival Dollar General Corp.
DG, -0.31%
was up 4.4%. Family Dollar Stores Inc.
FDO, -3.33%
rose 3.2%. J.C. Penney Co.
JCP, -0.56%
fell 1.4% while Limited Brands Inc.
LTD, -9.77%
was little changed ahead of their respective quarterly releases after the close of regular markets.

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